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Thereā€™s nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet. These arš’ŠŽe round robin bets, and hereā€™s everything you need to know about round robin FanDuel bet ā€“ one of the USā€™ premier sportsbooks.

  • Premier sportsbook offering round robin betting
  • Multiple parlays created from single parlay bet
  • Range of sports markets can be included in round robin bet

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A sports betting round robin is an innovative bet type which breaks down your parlay into smaller combination betļ·½s. Shoulź¦œd you choose the round robin option on FanDuel, your split bets will be created automatically.

The name isš“ƒ² derived from a round-robišŸƒn tournament, a format which sees every team play one another in its group. In this instance, instead of teams playing against each other, theyā€™re forming parlay bets.

The more selections in your parlay results in more round robin combinations, but you do have to lay staā›¦kes down on these split bets. So, the more parlay selections, the more expensive it likely will be to create a round robin.

In short, FanDuelā€™s round robin is a more fun way of providiną¶£g parlay insurance. Youā€™re not guāœØaranteed to make a profit, but youā€™ll be paid out for each combination that wins.

tpp-fanduel-screenshot-desktop
(Source: FanDuel)

The excellent FanDuel makes life easy for those that want to create a round robin bet. HeršŸŒƒeā€™ź©µs how you can place a round robin with the bookmaker:

  1. Create your parlay by browsing FanDuelā€™s sportsbook. Youā€™ll need at least šŸ§øthree selections, and these will automatically be added to your bet slip once youā€™ve clicked the odds.

  2. Click the ā€˜Teasers & Round Robinsā€™ tab located underneath your seleā™›ctions.

  3. FanDuel automatically creates all the comāœ±ā™binations from your parlay to create your round robin bet.

  4. You must then decide how much you want to stake in total. In the stake box, youā€™re entering how much you want to stšŸŒŗake on each parlay created from the round robin. FšŸ”Æor example, if you place $1 on a round robin. For example, if you place $1 on a round robin that creates three parlays (By 2s x3 wagers), your total stake would be $3.

  5. FanDuel will then supply you with a review of your round robin bet, incšŸŽ€luding the odds for each bet.

  6. If youā€™re hź¦¬appy with your selections,šŸŸ place your bets!

You can get creative with your round robin bets and use an array of different sports markets. However, for this example, Iā€™m keeping it simple. This is what a round robin looks lišŸ’›ke with a three-leg NFL moneyline parlay.

Here are the games Iā€™m betting on:

  1. 1.

    Patriots vs Jets ā€“ Patriots to win

  2. 2.

    Ravens vs Steelers ā€“ Steelers to win

  3. 3.

    Chiefs vs Chargers ā€“ Chiefs to win

Here are the round robin bets that would be created fršŸ§øom this thā™‰ree-leg parlay:

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    Parlay 1: Patriots & Ravens

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    Parlay 2: Patriots & Chiefs

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    Parlay 3: Ravens & Chiefs

In this case, Iā€™d need just two teams to win to have a winning parlay. If the Patriots and Chiefs both win but the Ravens lose. Parlay 2 would be ź§‘a winner in the above example.

There are certainly pešŸ¦©rks to this unique bet type. Such benefits include:

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    Allows sports bettors to spread the risk acrošŸ’ƒss different outcomes with large payouts still offered.

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    Round robin bettors are not dependent on one single outcome. The bet offers some form of parlay ź¦…insurance.

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    Encourages bettorsį€£ to back the underdog šŸŒ„when placing moneyline bets.

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    Your chances of winning are iā™ncreased by spreadiš“„§ng your bets across multiple team combinations.

Round robišŸøn FanDuel undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if one of your selections doesnā€™t come in. The bet type encourages the backing of underdogs and does increase your chances of winning, but thereā€™s no guarantee of profit being made. These are expensive bets which are still hard to pull off.

A round robin bet is a series of smaller parlays createā™›d from a largeršŸŸ parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinations. Youā€™ll get paid out for each combination that wins.

Youā€™ll see the ā€˜Round Robinā€™ tab on your FanDuel betslip once youā€™ve created a parlay.
The bookmaker will automatically create your round robin bet, and make it cšŸ’Žlear how many different bets have beenšŸ· created.

If this is the case, itā€™s likely that you chose selections from the same gā™ame which canā€™t be combined in a round robin bet.

š„¹Itā€™s a fun and innovative way of enjoying parlay betting. Strategicallš“†y, though, itā€™s not the most conducive for long-term success given how expensive these bets can be.

You donā€™t need all your selections to come in to win a parlay bet. There are multiple bets created as a result of the round robin, and youā€™ll win if any of the combināœØations are successful althougšŸŽh a profit is not guaranteed.

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WRITTEN ā„±BY James Cormack šŸ  šŸ…˜ View all posts by James Cormack

Big sports fan specialising in football. Experienced the lows of Vlad Chiriches and Tim Sherwood as a Spuź¦…rs fan along with the more recent ā€˜successā€™ under Pochettino. My following of the New England Patriots since 2012 somewhat makes up for the lack of silverware produced by Spurs in my lifetime.

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